EQLT vs IVV
iShares MSCI Emerging Markets Quality Factor ETF vs iShares Core S&P 500 ETF
Which is better, EQLT or IVV?
Mid Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. EQLT led over 1Y, IVV over 3Y, 5Y and the full window. EQLT is less concentrated, with 34.8% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EQLT | IVV |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $13M | $886.7B |
| Dividend Yield | 2.36% | 1.10% |
| Holdings | 323 | 508 |
| YTD Return | +27.80%Best | +13.39% |
| 1Y Return | +46.97%Best | +20.08% |
| 3Y Return (annualized) | +3.83% | +21.29%Best |
| 5Y Return (annualized) | +3.83% | +12.88%Best |
| Volatility (annualized) | 19.1% | 14.6%Best |
| Max Drawdown | -45.8% | -33.9%Best |
| $10,000 over 5 years | $12,067 | $18,327Best |
| Top 10 Weight | 34.8%Best | 37.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Sep 4, 2024 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Feb 25, 2014 to Sep 4, 2026 (12.5 years).
EQLT vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 12.5 years both funds cover.
EQLT vs IVV Performance
iShares MSCI Emerging Markets Quality Factor ETF (EQLT) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EQLT returned +46.97% while IVV returned +20.08%. Year to date, EQLT is up 27.80% versus a gain of 13.39% for IVV.
Over three years, EQLT compounded at +3.83% per year against +21.29% for IVV; over five years the annualized figures are +3.83% and +12.88% respectively. Across the full 13-year window we track, IVV has the edge at +12.75% annualized vs +3.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQLT has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 14.6% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -45.8% for EQLT and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EQLT charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, EQLT currently yields 2.36% against 1.10% for IVV.
Holdings Overlap
0.3% of EQLT's money is in holdings IVV also owns. 0.2% of IVV's money is in holdings EQLT also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 299 positions we hold weights for in EQLT and 505 in IVV, against full books of 323 and 508.
What only one of them owns
Our book lists 495 positions for IVV that do not appear in our book for EQLT (99.1% of the fund), and 6 for EQLT that do not appear in IVV (1.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of EQLT and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EQLT or IVV?
EQLT has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, EQLT or IVV?
Over the past year EQLT returned +46.97% vs +20.08% for IVV, so EQLT leads on 1-year performance. Over the longest common window we track (13 years), EQLT annualized +3.81% vs +12.75% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQLT or IVV?
EQLT has been the more volatile fund at 19.1% annualized versus 14.6% for IVV. Worst drawdown: EQLT -45.8% vs IVV -33.9%.
Should I hold both EQLT and IVV?
EQLT and IVV have a monthly-return correlation of 0.58, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EQLT or IVV?
EQLT yields 2.36% while IVV yields 1.10%, so EQLT currently pays the higher dividend yield.
Is IVV better than EQLT?
IVV has a lower expense ratio. EQLT led over 1Y, IVV over 3Y, 5Y and the full window. EQLT is less concentrated, with 34.8% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.